Score

1.58 /10
Danger

FxPrivate

Ukraine

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.52

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2025-01-07
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

FxPrivate · Company summary

Note: FxPrivate's official website: https://www.fx-private.com/en/index.html is currently inaccessible normally.

FxPrivate Review Summary
Founded2018
Registered Country/RegionUkraine
RegulationNot Regulated
Market Instrumentsforex currency pairs, CFDs, metals, energies, and stocks
Demo AccountYes
LeverageUp to 1: 500
SpreadStarting from 0.2 pips
Trading PlatformMetaTrader 5
Min Deposit$10

FxPrivate Information

FxPrivate is an online forex broker registered in Ukraine since 2018, providing its clients with various tradable financial instruments with leverage up to 1:500 and floating spreads from 0.2 pips on the MT5 trading platform, as well as a choice of three different live account types. The minimum initial deposit requirement of FxPrivate is only $10.

Pros and Cons

Pros Cons
  • Requires a low minimum deposit of $10
  • Lack of regulation
  • Offers three account types and a demo account
  • Limited information on withdrawal
  • Support Metatrader 5

Is FxPrivate Legit?

FxPrivate is not regulated by any regulatory authority.

Is FxPrivate Legit?

What Can I Trade on FxPrivate?

FxPrivate offers many tradable assets including forex currency pairs, CFDs, metals, energies, and stocks.

Tradable Instruments Supported
Forex
Commodities
Stock
Metals
Cryptocurrency
Shares
Bonds

Account Type

Apart from demo accounts, traders can choose among three types of trading accounts, including FXCent, FXClassic, and FXPremium accounts with deposits of $10, $1,000, and $50,000 respectively.

FxPrivate Leverage

FxPrivate offers leverage up to 1:500.

FxPrivate Fees

The spread of FxPrivate starts from 0.2 pips.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MetaTrader 5PC and MobileInvestors of all experience levels

Deposit and Withdrawal

The minimum initial deposit requirement of FxPrivate is only $10.

User Reviews

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咱叫、豬堅强
more than one year
Some incompetent traders. Must study the markets well. At least, you should know when to enter and exit when the currencies and keep on buying and lost. Its mt4 trading platform sucks, and I lost connection frequently.
Some incompetent traders. Must study the markets well. At least, you should know when to enter and exit when the currencies and keep on buying and lost. Its mt4 trading platform sucks, and I lost connection frequently.
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2023-03-13 11:44
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